Financial Services Financial Services

Comment: EU executive’s market infrastructure revamp looks tame but will spark opposition

For banks and clearinghouses in the EU and UK, a long-awaited, Brexit-inspired proposal from the European Commission could hardly look any softer. But getting it into law as proposed could turn out to be rather hard.
A draft text circulating on Monday showed the EU’s executive arm opting for the

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Fiona Maxwell

Senior Correspondent


Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for Risk.net, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.

Kathryn Carlson

Financial Services Correspondent, Europe


Kathryn is a correspondent leading EU financial services coverage for MLex in Brussels. She previously covered energy and trade as a reporter for MLex, and has written for Reuters and The Times of London among other outlets. Kathryn holds a degree in English Literature from the University of Oxford and spent time working in Italy and France before making the move to Brussels.

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